37 Crystal AveDerry, NH 03038

Property Details for 37 Crystal Ave

Year built

1920

Construction

FRAME

Lot size

3.15 AC

Property size (Sq ft)

10,406 SF

Zone code

GC

Property type

Super regional malls

APN

DERY M:32 B:25

APU

DERYM32B25

Description

This exceptional commercial property, located at 37 Crystal Avenue in Derry, New Hampshire, offers 11,094 square feet of versatile space on a 3.15-acre lot. Ideal for a variety of businesses, this property boasts eight individual rooms, perfect for offices, retail displays, or storage, complemented by two expansive open areas measuring 14 feet by 28 feet each. These large, adaptable spaces provide ample room for creative layouts and diverse business needs. The property's strategic location in the heart of Derry places it within a high-traffic area, surrounded by thriving shopping centers and numerous restaurants, ensuring excellent visibility and accessibility for customers and clients. This prime location guarantees significant foot traffic and exposure for any commercial enterprise. The property is currently undergoing improvements, with new flooring being installed in the front room, enhancing its appeal and functionality. This presents a unique opportunity to acquire a well-situated, spacious commercial property with significant potential for growth and success in a bustling commercial district. The asking price is $2650 (Note: This price likely represents monthly rent or a similar periodic payment, and not the sale price of the property. Further clarification is needed). Serious inquiries are encouraged to explore this promising investment opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $2,529,021

  6.5%

  $2,334,481

  7%

  $2,167,732

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,426,313

  Geo Method

  $3,426,313

• Alternative Use

  Use

  Valuation

  Residential

  $1,969,222

  Hospitality

  $1,803,797

  Educational

  $1,500,738

  Medical

  $1,552,351

  Retail

  $2,334,481

Location Insight

City

Derry

County

Rockingham

State

New Hampshire

Latitude

42.8882

Longitude

-71.3256

CBSA code

14460

CBSA name

BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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